Financial
Distress signals
Property profile

318 Newgrove St Lancaster, CA 93534

OFF-MARKET
Manufacturing properties
Property ID
US10-0321564
2,200 SF 0.14 ac lot Built 1954
Last sale Sep 2022 · $400,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 318 W Newgrove St in Lancaster is a 2,200-square-foot commercial facility configured with front and rear entry points for access and loading/unloading. It includes gated parking on site and provides overflow parking to accommodate higher vehicle volumes. The layout and access support automotive-related uses such as vehicle body work and auto repair, with the site positioned for visibility along its street frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$408k
Assessed land$163k
Assessed improvement$245k
Effective rate1.44%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$365k

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$82 – $188
Qualifying comparables33

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LRMU
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency48.7
Wholesale Shop20.9
Building Supply20.3

Location

318 Newgrove St Lancaster, CA 93534-3221
County assessor Recorded deeds · 5 transfers 33 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
258 Ave L9, Lancaster, CA 93534-7127 $450,000 Jul 2024 2,400 SF
133 Ave J5, Lancaster, CA 93534-4416 $370,000 Feb 2024 2,550 SF
45424 Sierra, Lancaster, CA 93534-1630 $600,006 Nov 2022 1,800 SF
45134 Trevor, Lancaster, CA 93534-2650 $1,600,016 Oct 2021 3,200 SF
119 Nugent, Lancaster, CA 93534-3621 $200,000 Jun 2021 3,200 SF
525 Ave J, Lancaster, CA 93534-3550 $215,000 Jan 2021 2,282 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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